Post
Topic
Board Economics
Re: Do you believe in savings or investment
by
YOSHIE
on 13/04/2024, 15:22:58 UTC
Do you believe in savings or investment.
Both are assets, whether in the form of cash, gold, Bitcoin, property and so on, basically these two things are really needed by society.

Talking about trust, of course I have to trust both, savings and investment methods are different, but both have useful benefits for us, investment in hope for the future and savings is useful when we need it, if I had to choose I would choose both.

What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
It depends on what investment is being programmed, from these funds, what is certain is that many people have carried out such programs, for example they invest in land.
Historical facts:
Someone buys land for around $1000. After five years the land is turned into a coal field/factory, the land is paid for in cash many times over $100k, that's a long term investment that was never expected.

No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.
I don't dispute that, maybe it's common in some countries, unless they have a side job, like a business etc.